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We recovered N10.9bn VAT, blocked N5.8bn fund diversion in 12 Months – ICPC

Salient Times Online by Salient Times Online
December 18, 2024
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We recovered N10.9bn VAT, blocked N5.8bn fund diversion in 12 Months – ICPC
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Musa Aliyu, chairman of the Independent Corrupt Practices and Other Related Offences Commission (ICPC), says the anti-graft agency “recovered and remitted the sum of N10.986 billion in value-added tax (VAT)” to the Federal Inland Revenue (FIRS) within one year.

Aliyu spoke on Tuesday at the commission’s headquarters in Abuja while marking his one year in office.

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He said the commission also recovered N29.700 billion in cash and N10 billion meant for the production of COVID-19 vaccines.


He said the agency secured final forfeiture of assets to the tune of N2.5 billion and “foreign currency recoveries of $966,900.83”.

“The commission just completed the tracking of 1,500 projects, valued at N610 billion, nationwide under CEPTI Phase 7,” he said.

“The ICPC, under my stewardship, continues to adapt to evolving trends in fulfilling its mandates, including equipping its workforce with digital strategies to combat corruption. The current administration’s anti-corruption agenda and my policy thrust encapsulated in the acronym ‘CARE’ for impact, have further motivated the commission to enhance its tools, approaches, and engagements.”

The ICPC boss said 851 petitions were processed under the year in review, with 342 assigned for investigation, 95 fully investigated, 72 cases filed in court, and 16 convictions secured.

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“In this regard, we are streamlining our processes to ensure faster and more effective prosecution of cases, leading to the resuscitation of 10-15-year-old cases in courts,” he said.

“As part of its commitment to institutional accountability, the commission assessed 323 ministries, departments, and agencies (MDAs) through its ethics and integrity compliance scorecard (EICS). It also established 80 anti-corruption and transparency units (ACTUs) across MDAs to reinforce its anti-corruption efforts.

“While doing these, the commission stopped the diversion of public funds to the tune of N5.882 billion. The report of the EICS exercise conducted middle of this year is ready and will also be released to the media to the public.

“In the year under my leadership, the ICPC brought together the 36 states’ attorneys-general under one roof to brainstorm and had robust conversations on developing effective strategies that would enhance the commission’s capacity in the fight against corruption at the sub-national level and within the current justice system.

“This initiative is yielding results as the regional editions of this engagement, aimed at establishing a community of practice and strengthening capacity for corruption prevention, have since started with the north-west conference of attorneys-general.”

Aliyu said while the commission has made significant progress, there is still much work to be done.

He noted that in the coming year, the anti-graft agency will focus on improving efficiency, enhancing public engagement, strengthening institutional frameworks and leveraging technology.

Bolaji Owasanoye, former ICPC chairman, urged Aliyu to reflect on his first year in office, pinpoint areas for growth, cultivate resilience, and develop a forward-thinking approach to tackle future challenges.

The ICPC chair was commended by the anti-corruption agencies of Zambia, Uganda and Sierra Leone for his efforts in tackling corruption in Nigeria.

Tags: ICPC
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